We are the world's largest independent ground engineering specialist, renowned for providing technically advanced and cost effective foundation solutions. Our reputation is built on engineering excellence and a commitment to continual innovation.

Our services are used across the construction sector in infrastructure, industrial, commercial, residential and environmental projects. We have unrivalled coverage in Europe, North America, Australia, and South Africa and a growing presence in Asia, the Middle East and Latin America.

With an annual turnover of £1.5bn, we have around 9,000 staff world-wide with offices in more than 40 countries.

Our businesses
http://www.keller.co.uk/aboutkeller/businesses.aspx







Keller adds 7.3 percent after the engineering company reports first-half profits that more than trebled from a year ago.

"Keller's interim results show that the group is now back on the front foot after several difficult years of unprecedented volume declines in most of its key markets," Numis Securities says in a research note.

Numis maintains an "add" rating on Keller shares, while Investec keeps a "buy" rating, describing Keller's results as an "encouraging set of interims."

You' v had a good run here DC well done.

Keller announces proposed acquisition of North American Piling
Tue 11 Jun 2013


Keller announces proposed acquisition of North American Piling LONDON (SHARECAST) - FTSE 250-listed international ground engineering specialist Keller has proposed the acquisition of North American Piling from North American Energy Partners, subject to shareholder approval.

North American Piling is a Canadian foundations business with headquarters in Edmonton, Alberta. In the year ended March 2013, the business reported revenue of CDN $236.5m (£149.7m) and operating profit of CDN $38.5m (£24.4m).

The group said that the acquisition would be consistent with Keller’s stated strategy and would enhance the group’s offering by bringing into the group a market-leading business, positioned in growth markets offering attractive margins. It said that the deal would also enable it to expand its presence in the relatively under-developed Canadian geotechnical segment.

The consideration would comprise an initial CDN$227.5m (£144m) on a cash and debt free basis, payable in cash on completion and up to a further CDN$92.5m (£58.5m) of deferred contingent consideration payable in cash depending upon North American Piling’s financial performance in the three years following completion, giving a maximum aggregate consideration of CDN $320m (£202.5m.

The group said that it would be proposing to finance the acquisition through the net proceeds of a placing of 6.6m new ordinary shares at 890p per share to raise £58.7m before expenses together with drawdown of some of the available funds under the new bank facility and existing bank facilities.

Justin Atkinson, Chief Executive Officer of Keller, commented: "The board has identified Canada as a key target market and this acquisition of a complementary piling business represents an excellent opportunity to build substantially on Keller's existing presence in that market."

He added: "North American Piling is a market-leading business with attractive margins positioned in growth markets, including the resource-rich regions of Western Canada. The business has a strong record of growth delivered by an experienced management team who are transferring to Keller. Importantly, the acquisition will be significantly earnings enhancing."

Keller’s share price was up 3.20% to 935p at 08:39 on Tuesday.

Keller Group: Citi raises target price from 755p to 960p, while reiterating a neutral rating.

A buy in this weeks IC - analysts at Investec securities have raised their forecasts for the year from 57.1p to 61.3p . Keller is expanding into North American market, and is well placed to capitalise on the explosive growth in oil sands exploration. At 943p, the premium rating of 15 times forecast earnings is justified.

21 Jun Liberum Capital 955.00 Hold

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 988.50. Over this period, the share price is up 176.70%.

25 Jun Numis 1,085.00 Add

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,011. Over this period, the share price is up 183.99%.

28 June 2013
Pre-close update

Pre-close Trading Update

RNS


RNS Number : 0577I

Keller Group PLC

28 June 2013








For immediate release Friday, 28 June 2013







Keller Group plc



Pre-close Trading Update







Keller Group plc ("the Group"), the international ground engineering specialist, is providing the following routine, pre-close trading update in advance of its results for the six months ending 30 June 2013, which are due to be announced on Monday, 29 July 2013.



Save for the proposed acquisition of North American Piling, which was announced on 11 June 2013 and in respect of which a general meeting is being held today to approve the acquisition, there have been no significant changes to the Group's trading or outlook since the publication of our Interim Management Statement on 15 May 2013.

Result of GM

Released : 28/06/2013



In addition to the passing of the above resolution, the Acquisition was conditional upon satisfying or obtaining Canadian Competition Act Clearance, as defined in the Circular to Shareholders dated 11 June 2013. This process is well underway and the Company still expects the Acquisition to complete by 15 July 2013.

http://otp.investis.com/clients/uk/keller/rns/regulatory-story.aspx?cid=170&newsid=350371


=====================================================


Keller

A pre-close update ahead of first-half figures due on 29 July sent Keller Group (LSE: KLR.L - news) shares down 28p (2.8%) to 983p by midday. There wasn't actually much in the announcement, other than a confirmation that things are still in line with last month's interim statement.

That update revealed that economic conditions in the firm's global markets are varied, but that it is optimistic about the construction business in North America. Overall, we were told "the board expects to see a continuation of recent progress".

Keller shares are up more than 150% over the past 12 months.

Keller Group PLC (KLR:LSE) set a new 52-week high during Monday's trading session when it reached 1,016. Over this period, the share price is up 175.44%.

No stopping this one either.Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,079. Over this period, the share price is up 176.72%.

Completion of Acquisition

PRNW



For immediate release Monday,15 July 2013







Keller Group plc



Completion of Acquisition of North American Piling




Keller Group plc ("the Group"), the international ground engineering
specialist, announces the completion of the acquisition of North American
Piling.


All the conditions precedent contained in the sale and purchase agreement
having been satisfied, including Canadian Competition Act clearance, the
acquisition completed as at close of business in Canada on 12 July 2013.

Near on £11 now.

Up 3% today.

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,153. Over this period, the share price is up 189.19%.

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,163. Over this period, the share price is up 192.44%

Interim Result
29 Jul 13 Keller Group PLC [KLR]

Keller Group: Investec raises target to 1,300p from 1,115p, retains buy

Interim Results

Highlights include:



· Revenue up 5% and operating profit* more than doubled

· Strong margin improvement reflects:

o successful completion of major projects

o cost reduction measures

o business improvement initiatives

· Cash generated from operations of £30.2m (2012: £9.0m)

· Completion of North American Piling acquisition gives the Group a market-leading position in Canada

· Interim dividend increased by 5% to 8.0p per share (2012: 7.6p)



http://www.moneyam.com/action/news/showArticle?id=4639795